Category Archives: Economy
Congress votes to suspend Russia trade status, enact oil ban
WASHINGTON (AP) — Congress voted overwhelmingly Thursday to suspend normal trade relations with Russia and ban the importation of its oil, ratcheting up the U.S. response to Russia's invasion of Ukraine amid reports of atrocities.
Senate to vote on revoking Russia’s trade status, oil ban
WASHINGTON (AP) — The Senate will take up legislation Thursday to end normal trade relations with Russia and to ban the importation of its oil, Senate Majority Leader Chuck Schumer announced Wednesday.
Six-days-a-week mail delivery saved; Biden signs Postal bill
WASHINGTON (AP) — A sweeping overhaul of the U.S. Postal Service meant to shore up the popular but beleaguered agency's financial future and cement six-days-a-week mail delivery was signed into law Wednesday by President Joe Biden.
Feds try to avoid Australian pitfalls in online news bill
OTTAWA — The Canadian government says it has learned from Australia's experience when it comes to requiring online giants to pay news outlets to use their journalism, and has framed its bill to avoid the country's pitfalls. Heritage Minister Pablo
EXPLAINER: A look at West’s escalating sanctions on Russia
The United States and European allies are again escalating sanctions on Russia after the discovery of evidence that Russian troops executed civilians in a town near Kyiv.
EXPLAINER: Biden extends student loan freeze through August
The Biden administration on Wednesday announced that federal student loan payments will remain paused through Aug. 31, extending a freeze that began in 2020 but was set to end after this month. The action is meant to help millions of
Railing against soaring gas prices, Republicans in Congress cite Keystone XL decision
WASHINGTON — Republicans are doing their best to resurrect the controversy around the long-dead Keystone XL pipeline expansion, using it as an election-year political cudgel against Joe Biden in hopes of convincing voters that soaring gasoline prices a...
Wind energy company kills 150 eagles in US, pleads guilty
BILLINGS, Mont. (AP) — A subsidiary of one of the largest U.S. providers of renewable energy pleaded guilty to criminal charges and was ordered to pay over $8 million in fines and restitution after at least 150 eagles were killed
Democrats accuse oil companies of ‘rip off’ on gas prices
WASHINGTON (AP) — House Democrats on Wednesday accused oil companies of "ripping off the American people” and putting profits before production as Americans suffer from ever-increasing gasoline prices during the war in Ukraine.
After two years of uncertainty, Liberals ready budget under shifting circumstances
OTTAWA — After two years of pandemic-induced uncertainty, the federal Liberals are getting ready to deliver an updated spending blueprint in a 2022 budget that, by all accounts, has been influenced by fast-changing circumstances. The result of a tumult...
